Pursuing an education at a college or university can be stressful, especially when making plans for financing the completion of a degree or training program. With some planning and research, prospective students can uncover a number of helpful options for education grants to assist in the sometimes overwhelming search for assistance with paying for courses.
Who Should Apply for Grants?
Grants are often a preferred option for saving money on tuition because a student will not be required to pay grant money back. Instead, grants are given to students based on need, whether financial or based on another criteria, in order to ensure that there is the ability to change a situation or make an improvement in the quality of life through obtaining an education.
Some of the common eligibility requirements for grants include low- or middle-income students, students with disabilities, and students with dependents.
Canada Student Grants
Canada Student Grants through the government are available for students who meet eligibility requirements in these categories, in addition to students who are studying part-time and students with permanent disabilities who are looking for grants to cover the costs of services and equipment. Students in the majority of the provinces and territories of Canada are welcome and eligible to apply for Canada Student Grants. Exceptions include Quebec, Nunavut, and the Northwest Territories.
Students are issued grants through the program at the beginning and also in the middle of each school year in order to cover the costs of tuition, fees, books, housing, and other expenses associated with school. Some restrictions may apply, including requirements for maintaining enrollment and a specified grade point average.
Special and Alternative Canadian Grant Programs
In addition to the Canada Student Grants program, prospective students also have options for private grants issued by other organizations. These grants may be based on need, but sometimes these types of grants also require special affiliation with a certain group. Examples of organizations that may offer grants include religious organizations, non-profit groups, and community resource associations.
Another option that can be helpful for some who are looking for professional training in place of traditional college courses is the Apprenticeship Incentive Grant. This grant is designed to give additional financial assistance to apprentices who have completed at least the first year of training in a Red Seal trade apprenticeship program.
Completing an advanced education or training program can be a step in the right direction for a successful future. With options for student grants, students in Canada can get started on the path to complete a degree and begin bright futures in in-demand and rewarding careers.